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Office Depot 2945 Liberty Rd S 19,095 SF Retail Building Salem, OR 97302 $3,595,000 ($188.27/SF)
Executive Summary
Fantastic South Salem opportunity – Owner-user or redevelopment. This property is located in the high-traffic, high-income demographic area of south Salem. Located at the confluence of Liberty Road South and Commercial Street SE, and near some of the largest concentrations of retailers in Salem, this property has a lot of potential. Whether the building is repurposed for a single user, demised for multi-tenancy or the site completely redeveloped under the current Mixed Use I zone, this 19,095 SF building on two acres with signalized direct access has a lot of potential.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,095 SF
Building Class
C
Year Built/Renovated
1950/1990
Price
$3,595,000
Price Per SF
$188.27
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.22
Lot Size
2.00 AC
Zoning
MU-1
Parking
112 Spaces (5.87 Spaces per 1,000 SF Leased)
Frontage
172’ on Liberty Rd
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- Bldg
- 10,000-19,095 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| Bldg | 10,000-19,095 SF | Retail | - | Now |
Bldg
| Size |
| 10,000-19,095 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 531323 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,074,520 |
Property Taxes
Parcel Number
531323
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,074,520
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Contact the Sale Advisor
Office Depot | 2945 Liberty Rd S